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2021-03-31-accounts

Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

4[th] Canvey Island Sea Scout Group

Trustees’ Report and Financial Statements

For the Year Ended 31[st] March 2021

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Legal and Administrative Information for year ended 31 March 2021

Trustees

Elaine Helm (Chairperson) Barbara Hardy (Group Scout Leader) Emma O’Connor (Treasurer) Wayne Petty (Secretary) Elizabeth Kemp Bradley Cox

Scouters

B. Hardy Group Scout Leader (“GSL”) D. Kell Drake Beaver Colony D. Kell Nelson Beaver Colony J. Francis Smokey Mountain Cub Pack J. Francis Stone Mountain Cub Pack J. Dulieu Scout Troop V. Goodhew Columbus Explorers

Committee Officers

B. Hardy GSL E. Helm Chairperson E. O’Connor Treasurer W. Petty Secretary E. Kemp B. Cox S. Baker L. Byworth A. Card S Whelan D Smart S Edwards

Charity Number

1068037

Meeting/Contact Address

The Scouting Centre 23 Blackthorne Road Canvey Island Essex SS8 7BJ

Independent Examiner

Ian Knott

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Contents

Page
Trustees’ Report 4
Independent Examiners Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Trustees Report for the Year Ended 31[st] March 2021

The trustees present their report and accounts for the year ended 31[st] March 2021.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s governing document, the Charities Act 2011 and the Statement of Recommended Practice, “Accounting and Reporting by Charities”, issued in March 2015.

Structure, Governance & Management

The charity is registered with the Scout Association as a Sea Scout Group and was registered as a charity from 10[th] February 1998.

The trustees who served during the year were:

The group’s scouting activities are under the overall control of the GSL. Responsibility for the various age groups is delegated to the relevant section leaders, who report to the GSL.

The other activities and management are the responsibility of the Committee who are elected annually at the Annual General Meeting (“AGM”).

The trustees have assessed the major risks to which the charity is exposed and are satisfied that there are systems in place to mitigate exposure to said risks.

Objectives & Activities

The charity’s objective is to encourage the physical, mental and spiritual development of young people so that they may take a constructive place in society.

The aim to provide scouting activities to all of its group members.

Financial Review

The overall net worth of the Scout Group in the year under review shows a balance sheet value as at 31 March 21 of £169,673.

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Financial results show that the Group has sufficient funds available for the charity to continue with all of its objectives for the foreseeable future due to the continuing hard work of the Management Committee. However, the Group will need to review its strategies to ensure that Group supported activities are sustainable.

It is the policy of the charity that unrestricted funds, those funds not designated for a specific purpose, should be maintained at a level equivalent to between three and six months’ expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s activities whilst consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Hopefully the current Coronavirus pandemic is nearing its end and the charity’s income will hopefully rebound to near previous levels. It should be noted that due to the employment of the above policy and the reduction in costs as a result of the cessation of activities, the charity actually made a profit during the financial year and is well positioned to continue as a going concern for the next accounting period.

On behalf of the board of trustees.

Trustee:

Dated:

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Independent Examiner’s Report to the Trustees of 4th Canvey Island Sea Scout Group

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Financial Statements 4 Canvey Island Sea Scout Group Charity Registration No. 1068037 aet pwJ88 7_ 12. 7of14

Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Statement of Financial Activities for the Year Ended 31st March 2021

Unrestrict
ed Funds
Restricte
d Funds
Total
2021
Total
2020
£
£
£
£
21,786
5,255
27,041
1,470
284
-
284
6,179
-
-
-
4
Note
s
Incoming Resources from generated
funds
Donations and Legacies
2
Activities for generating funds
3
Investment Income
4
22,070
5,255
27,325
7,653
3,108
-
3,108
34,80
7
3,870
-
3,870
11,053
Incoming resources from charitable activities
5
Other incomingresources
6
Total Incoming Resources 29,048
5,255
34,303
53,513

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Resources expended
Costs of generating funds
Costs of activities for generating funds 1,650 - 1,650 3,46
8
Charitable activities
- - - 1,12
Direct charitable expenditure 7 4
Direct support costs 8 5,309 - 5,309 34,084
Admincosts 11,858 11,679 23,537 20,335
Total Charitable Expenditure 17,167 11,679 28,846 55,543
Total Resources Expended (18,817) (11,679) (30,49
6)		 (59,01
1)
Net Income for the year/Net movement
in funds		 10,231 (6,424) 3,807 (5,498
)
Fund balances as at 1st April 2019 25,985 139,881 165,86
6		 165,86
6
Transfers - - -
Fund Balances as at 31st March 2020 14 36,216 133,457 169,67
3

Balance Sheet as at 31st March 2021

2021 2020
Notes £ £ £ £
Fixed Assets
Tangible Assets 11 128,20
2		 139,881

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

Current Assets
Cash at bank and in hand
41,471
Other Debtors
-
Current Liabilities
Creditors: amounts falling due within one
year
12
-
Net current assets
Total assets less current liabilities
Income Funds
Restricted funds
13
Unrestricted Funds
14		 25,985
-
41,471
-		 25,985
- -
41,471 25,985
169,67
3		 165,866
133,45
7
36,216
139,881
25,985
169,67
3		 165,866

Notes to the Accounts for the Year Ended 31st March 2020

1. Accounting Policies

1.1 Basis of Preparation

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with the applicable accounting standards, the Statement of Recommended Practice, Accounting & Reporting by Charities”, issued in October 2019 and the Charities Act 2011.

1.2 Incoming Resources

Investment income is accounted for on a received basis.

Donations, gifts and lottery funds capable of financial measurement are accounted for when receivable.

1.3 Resources Expended

Resources used are allocated to direct charitable expenditure, support costs and administration on a specific basis.

1.4 Tangible Fixed Assets and Depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Leasehold property Over a 28 year term Camping equipment 10% reducing balance Boating equipment 10% reducing balance Motor vehicles 10% reducing balance

1.5 Taxation

The Group is exempt from income and capital gains tax. The group benefits from claiming gift aid where applicable.

2. Donations and Legacies

----- Start of picture text -----
Unrestricte Restricted Total 2021 Total 2020
d Funds Funds
£ £ £ £
Donations & 21,786 5,255 27,041 1,470
gifts
----- End of picture text -----

3. Activities for Generating Funds

Activities for generating funds
Net activities for generating
funds		 2021
£
2020
£
284
6,179
284
6,179

4. Investment Income

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

2021 2020 £ £ Interest receivable - 4

5. Incoming Resources from Charitable Activities

Subscriptions
Camps & other activities
Other
Sale of goods		 2021
£
2020
£
1,754
18,096
-
12,406
100
900
1,254
3,405
3,108
34,807

6. Other Incoming Resources

Cost of generating funds
Costs of activities for generating
funds
Charitable activities
Direct Charitable expenditure
Activities undertaken directly
Direct Support Costs
Support Costs
Admin Costs
Support Costs
Net gain on disposal of fxed
assets
Income tax recovered/gift aid
Refund		 7. Total Resources
Expended
Total
2021
£
Total
2020
£
1,650
3,468
-
1,124
5,309
16,767
590
680
5,899
18,571
7,549
22,039
2021
£
2020
£
-
1,824
3,870
9,229
-
-
3,870
11,053

8. Support Costs

8. Support Costs
Direct Admin Total Total
Support Costs 2021 2020
Costs £ £
£ £
Vehicle Expenses - 800 800 4,286

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Charity Registration No. 1068037

Financial Statements

4[th] Canvey Island Sea Scout Group

Boat Expenses
Insurance
Depreciation
Other Costs
Building
Activities		 -
1,726
1,726
2,960
-
2,604
2,604
3,812
-
11,679
11,679
12,108
-
1,519
1,519
1,783
-
4,619
4,619
12,023
-
-
-
-
22,947
22,947
36,971

9. Trustees

None of the trustees (or any person connected with them) received any remuneration during the year.

10. Employees

There were no employees during the year.

11. Tangible Fixed Assets

Cost
At 1 April 2020
Additions
Disposals
At 31 March
2021
Depreciation
At 1 April 2020
On disposals
Charge for the
year
At 31 March
2021
Net book value
At 31 March
2021
At 31 March
2020		 Land &
Buildings
Boating/Ot
her
Equipment
Camping
Equipment
Motor
Vehicles
Total
£
£
£
£
£
238,686
50,906
16,842
20,000
326,434
0
0
0
0
0
0
0
0
0
-
238,686
50,906
16,842
20,000
326,434
137,445
32,779
9,451
6,878
186,553
-
-
-
-
-
7,815
1,813
739
1,312
11,679
145,260
34,592
10,190
8,190
198,232
93,426
16,314
6,652
11,810
128,202
101,241
18,127
7,391
13,122
139,881

12. Creditors: amount falling due within one year

2021 2020
£ £
Deferred Income - -

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Financial Statements 4[th] Canvey Island Sea Scout Group

Charity Registration No. 1068037

13. Restricted Funds

The income funds of the charity include restricted funds comprising the following unexpended balance of donations and grants held on trust for specific purposes:

Movement in Funds
Balance at
1
April
2020
£
Incoming
Resources
£
Resources
Expended
£
Depreciatio
n
£
Balance at
31
March
2021
£
Property
101,241
-
-
7,815
93,426
Boats/equipm
ent
25,518
-
-
2,552
22,966
Motor vehicle
13,122
-
-
1,312
11,810
139,881
-
-
11,679
128,202
14. Analysis of Net Assets between Funds
Unrestricte
d Funds
£
Restrict
ed
Funds
£
Total
£
Funds balance at 31 March 2021 are represented by
Tangible fxed assets
-
128,202
128,202
Current assets
36,216
5,255
41,471
Creditors
-
-
-
36,216
133,457
169,673		 Movement in Funds
Balance at
1
April
2020
£
Incoming
Resources
£
Resources
Expended
£
Depreciatio
n
£
Balance at
31
March
2021
£
101,241
-
-
7,815
93,426
25,518
-
-
2,552
22,966
13,122
-
-
1,312
11,810		 Movement in Funds
Balance at
1
April
2020
£
Incoming
Resources
£
Resources
Expended
£
Depreciatio
n
£
Balance at
31
March
2021
£
101,241
-
-
7,815
93,426
25,518
-
-
2,552
22,966
13,122
-
-
1,312
11,810
139,881
-		 -
11,679
128,202
Unrestricte
d Funds
£
Restrict
ed
Funds
£
Total
£
-
128,202
128,202
36,216
5,255
41,471
-
-
-
36,216
133,457
169,673

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